Health Care Equipment & Supplies Stocks Technical Momentum -- Research on EnteroMedics, St Jude Medical, Zimmer Holdings, and ResMed Inc.

LONDON, June 6, 2014 /PRNewswire/ --

On Thursday, June 5, 2014, the NASDAQ Composite ended at 4,296.23, up 1.05%, the Dow Jones Industrial Average advanced 0.59%, to finish the day at 16,836.11, and the S&P 500 closed at 1,940.46, up 0.65%. The gains were broad based as all the ten sectors ended the session in positive. The S&P 500 Health Care Sector Index ended the day at 695.40, up 0.16%, with the index advancing 3.39% in the last one month. Investor-Edge has initiated coverage on the following equities: EnteroMedics Inc. (NASDAQ: ETRM), St Jude Medical Inc. (NYSE: STJ), Zimmer Holdings Inc. (NYSE: ZMH) and ResMed Inc. (NYSE: RMD). Free technical research on ETRM, STJ, ZMH and RMD can be downloaded upon signing up at:

http://www.investor-edge.com/3519-register

On Thursday, shares in EnteroMedics Inc. recorded a trading volume of 2.39 million shares, higher than its three months average volume of 1.11 million shares. The stock ended the day at $1.74, which was 5.95% below its previous day's closing of $1.85, and registered an intraday range of $1.66 and $1.88. EnteroMedics Inc.'s stock has lost 14.29% in the previous three trading sessions, 7.45% in the last one month, and 14.71% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $1.82 and $1.76, respectively. Furthermore, shares of EnteroMedics Inc. have a Relative Strength Index (RSI) of 46.89. Sign up today to read free research on ETRM at:

http://www.investor-edge.com/3519-ETRM-06Jun2014.pdf

St. Jude Medical Inc.'s stock finished the Thursday's session 0.78% higher at $65.66. A total of 0.91 million shares were traded, which was below its three months average volume of 1.91 million shares. The stock vacillated between $64.88 and $65.91 during the session. Over the previous three trading sessions and over the last one month, St. Jude Medical Inc.'s shares have advanced 1.52% and 2.04%, respectively. Additionally, from the beginning of 2014, the company's stock has gained 5.99%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $63.88 is greater than its 200-day moving average of $60.58. St. Jude Medical Inc.'s stock traded at a PE ratio of 16.98 and has an RSI of 57.30. Sign up today to read free research on STJ at:

http://www.investor-edge.com/3519-STJ-06Jun2014.pdf

On Thursday, shares in Zimmer Holdings Inc. fluctuated between $105.69 and $107.29 before ending the session 0.12% higher at $106.98. The stock reported a trading volume of 0.97 million shares, below its three months average volume of 1.65 million shares. Shares of the company traded at a PE ratio of 18.33. Zimmer Holdings Inc.'s shares have gained 2.21% in the previous three trading sessions, 8.03% in the last one month, and 14.80% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $97.98 and $91.79, respectively. Moreover, shares of Zimmer Holdings Inc. have an RSI of 76.83. Sign up today to read free research on ZMH at:

http://www.investor-edge.com/3519-ZMH-06Jun2014.pdf

On Thursday, ResMed Inc.'s stock gained 2.17%, to close the day at $51.29. The stock recorded a trading volume of 0.53 million shares, below its three months average volume of 0.93 million shares. The company's shares oscillated between $50.43 and $51.44 during the session. Over the last three trading sessions and over the past one month, ResMed Inc.'s shares have advanced 2.87% and 2.29%, respectively. Further, the stock has gained 8.94% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. ResMed Inc.'s 200-day moving average of $48.44 is above its 50-day moving average of $48.04. Additionally, the stock traded at a PE ratio of 22.38 and has an RSI of 56.34. Sign up today to read free research on RMD at:

http://www.investor-edge.com/3519-RMD-06Jun2014.pdf


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